Armstrong has provided CDD for Sovereign Capital’s investment in Acolin Fund Services, a leading cross-border fund distribution, regulatory, and legal services provider, based in Switzerland.
Founded in 2006 as a legal representative for fund managers distributing into the Swiss market, Acolin has grown to offer distribution support, a wide range of regulatory and legal services, and data/reporting services, underpinned by its proprietary technology platform. Acolin’s fund distribution network management (DNM) service, gives fund managers streamlined access to key fund distribution platforms in multiple European jurisdictions, increasing sales opportunity and reducing time to market/costs in a complex market.
Building on its foundation in Swiss legal representation, Acolin has strong relationships with over 600 asset managers (c. 14% of those active in Europe) representing some 1,800 investment funds across 30 countries, and recently won the business of strategic clients in the UK and other European markets. Acolin’s DNM platform has international appeal across a range of fund managers, and it can be scaled with the addition of data and investor communication services.
Armstrong provided full buy-side CDD support, building on our team’s strategy and industry experience in the fund services & technology sectors. The team was led by Simon Hemsley, who prior to joining Armstrong was CFO at Transact, a leading investment platform. Armstrong tested Acolin’s opportunity to grow its business internationally and add new services by carrying out an in-depth customer calling programme, backed up by deep analysis of a complex market and competitive landscape.
For further details on this project and Armstrong’s views on opportunities in the fund services & technology sectors, please contact;
Simon Hemsley, Director, +44 7957 340 534, firstname.lastname@example.org
Mike Callow, Director, +44 7894 594 500, email@example.com